SPX Weekly Trade Entry for November 4 Cycle
As of this writing, futures are up a bit, however, there is still a lot of economic news to be released this morning. I am planning to enter a put credit spread for the SPX November 4 weekly cycle, but will wait at least the first hour as usual. I will look for a spread with the short put delta of -.15 or less, and a minimum credit of $.75.
Trade entry details will be posted later today.
As always, stay keen on your risk management and trade carefully.